EBay Rejects GameStop's $55 Billion Offer as 'Neither Credible Nor Attractive'
Bearish-2.35%
12 May, 14:37
Source: Decrypt
AI Summary
eBay rejected GameStop's $55.5 billion unsolicited acquisition offer as insufficient, signaling eBay's confidence in higher valuation while GameStop's strategic move was rebuffed.
Publicly traded online marketplace eBay slammed GameStop's unsolicited $55.5 billion acquisition offer as insufficient.